There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 487 - FINANCIAL INSTITUTIONS
Act 276 of 1999 - BANKING CODE OF 1999 (487.11101 - 487.15105)
276-1999-3 - CHAPTER 3 BANK ORGANIZATION AND STRUCTURE (487.13101...487.13913)
276-1999-3-3 - PART 3 DISSOLUTION (487.13301...487.13307)
BANKING CODE OF 1999 (EXCERPT)Act 276 of 1999 Part 3
DISSOLUTION
- Section 487.13301 - Proposed resolution of dissolution; certificate of termination; designation of liquidating agent or committee; reports; examination by commissioner; filing of certificate; termination.
- Section 487.13302 - Bank in dissolution as body corporate.
- Section 487.13303 - Bank in dissolution; function of officers, directors, and shareholders.
- Section 487.13304 - “Existing claim” and “existing claimant” defined; notice to depositors and creditors; existing claims; effective date of written notice.
- Section 487.13305 - “Claim” and “claimant” defined; notice of dissolution; publication; requirements.
- Section 487.13306 - Court supervision of bank in dissolution.
- Section 487.13307 - Debts, obligations, and liabilities.
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